Money Protection Techniques- Insights from Experts
One of the key reasons renters are getting caught in the crossfire of the mortgage rates is that it is increasing rental demand, said Oliver Knight, head of residential development …
Breaking News: Economy
RBA Holds Steady, Keeps Interest Rates Unchanged at 4.1%
A Sydney ferry passes the Opera House and skyline of the central business district area on May 12, 2020 in Sydney, Australia. James D. Morgan | Getty Images The Reserve …
Regional body threatens force as Niger coup prompts condemnation from Russia and the West
NIAMEY, Niger – July 30, 2023: Following the coup in Niger, supporters of the military junta took to the streets carrying Nigerien and Russian flags. In response, West African leaders …
Saudi Arabia’s economic growth decelerates due to oil production cuts and plummeting prices
Cityscape of Saudi capital Riyadh. Harri Jarvelainen Photography | Moment | Getty Images Saudi Arabia’s economy slowed in the second quarter, as crude output cuts and a drop in oil …
BOJ Urged to Embrace New Normal Sooner as Current Policy Deemed ‘Very Harmful’
Japan needs to transition sooner to a “new normal” as the country’s current ultra low interest rate policy regime has been “inappropriate” and “very harmful” for the economy, according to …
Lowest Yearly Rate Increase Recorded since March 2021
Inflation showed further signs of cooling in June, according to a gauge released Friday that the Federal Reserve follows closely. The personal consumption expenditures price index excluding food and energy …
Bank of Japan’s decision to relax YCC news shocks markets due to ‘enhanced flexibility’
Kazuo Ueda, governor of the Bank of Japan (BOJ). Bloomberg | Bloomberg | Getty Images The Bank of Japan announced Friday “greater flexibility” in its monetary policy — surprising global …
Airlines Express Concern as Lower Domestic Fares Jeopardize Record Revenue Growth
Scott Olson | Getty Images Sky-high airfare was a boon for U.S. airlines coming out of the pandemic. But airline executives are now seeing lower domestic fares as carriers’ schedules …
Interest rates increase by 0.25 percentage points
The European Central Bank announced a new rate decision Thursday. Daniel Roland | AFP | Getty Images The European Central Bank on Thursday announced a new rate increase of a …
Turkey’s Central Bank Raises 2023 Inflation Forecast to 58% – More Than Double Previous Projection
Turkish Central Bank Governor Hafize Gaye Erkan answers questions during a news conference for the Inflation Report 2023-III in Ankara, Turkey on July 27, 2023. Anadolu Agency | Anadolu Agency …